Income inequalities are greatest in
A. Countries with many factors of production.
B. Rich countries.
C. Poor countries.
D. Highly developed countries.
Answer: C
Economics
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In the United States, total health care spending per person has been ________, and out-of-pocket spending on health care per person has been ________
A) rising; rising B) rising; falling C) falling; rising D) falling; falling
Economics
Refer to the supply and demand data for a certain elective surgical procedure. If suppliers provide the quantity of health care demanded and insurance pays 50 percent of the remaining equilibrium price after a $1,000 deductible is satisfied, the quantity of health care demanded will be:
A. 4,000.
B. 7,000.
C. 11,000.
D. 16,000.
Economics